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China’s Foreign Inflows Rise 11.6% in January – Xinhua

FDI into the service industry amounted to 82.3 billion yuan last month, up 12.2% year on year, while inflows to high-tech industries surged 26.1%


china fdi
Foreign direct investment inflows to high-tech industries surged 26.1%, the latest data showed. Photo: Reuters

 

Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 11.6% year on year to 102.28 billion yuan ($15.84 billion) in January, Xinhua reported the Ministry of Commerce as saying.

FDI into the service industry amounted to 82.3 billion yuan last month, up 12.2% year on year, while inflows into high-tech industries surged 26.1%, the data showed.

Read the full report: Xinhua

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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